The Magic are sending guards Kentavious Caldwell-Pope and Cole Anthony along with four first-round picks and a pick swap to the Memphis Grizzlies for guard Desmond Bane. ESPN's Shams Charania first reported the news.

That's what they did on Sunday morning, as they traded for Desmond Bane and in return, sent Kentavious Caldwell-Pope, Cole Anthony, four first-round picks, and a pick swap to the Memphis Grizzlies. With Bane, the Magic now have a career 41% 3-point shooter who can defend and also make plays for others on the court.

The Orlando Magic have agreed to trade Cole Anthony, Kentavious Caldwell-Pope, and four future draft picks to the Memphis Grizzlies' for Desmond Bane – a trade that quickly sparked headlines across sports outlets on Sunday.